Reported by The Economist (Excerpt shared below. To read full report, go to: https://www.economist.com/briefing/2025/10/16/the-traffickers-are-winning-the-war-on-drugs) Global production, seizures and consumption of cocaine are all at record highs, despite 50 years of the war on drugs—a fight that President Donald Trump is now intensifying by bombing alleged Venezuelan smuggling-boats in the Caribbean. This is in part because prohibition […]

Reported by Bloomberg News (Excerpt shared below. To read full report, go to: https://www.bostonherald.com/2025/10/19/gift-cards-key-money-laundering-net/amp/) Gift cards, one of the most basic financial products in the U.S. retail market, have become the backbone of a billion-dollar criminal economy that investigators say is moving American money into China. Homeland Security Investigations agents say Chinese organized-crime groups have […]

Reported by Business Insider and Futurism (Below is a summary from https://futurism.com/future-society/mit-grads-crypto-heist and https://www.businessinsider.com/crypto-brothers-fraud-trial-prosector-opening-statements-crypto-bots-frontrunning-2025-10$ Two brothers, Anton Peraire‑Bueno and James Peraire‑Bueno, are on trial in New York for a scheme that prosecutors say pulled off nearly $25 million in cryptocurrency in just 12 seconds.  According to the opening statements, the duo orchestrated a “bait-and-switch” on the Ethereum […]